other material
confidence high
sentiment neutral
materiality 0.60
Longeveron announces 1-for-10 reverse stock split effective Aug 26, 2026
Longeveron Inc.
- Reverse split effective 11:59 pm ET Aug 26; Class A trades split-adjusted Aug 27 on Nasdaq under LGVN, new CUSIP 54303L302.
- Outstanding Class A shares drop from ~30,432,974 to ~3,043,298; Class B from ~1,449,005 to ~144,901.
- Stockholders approved July 1, 2026; board set final 1-for-10 ratio July 31, 2026.
- Goal: regain Nasdaq $1.00 minimum bid price compliance; no fractional shares, rounded up at DTC participant level.
- Warrants and equity awards proportionally adjusted; no cash paid; total authorized shares unchanged.